«GREEN» VECTOR OF THE ECONOMIC DEVELOPMENT OF THE COUNTRY

  • Valeria Nesterenko Sumy State University
  • Olha Dolhosheieva Sumy State University
  • Anastasiia Kirilieva Sumy State University
  • Viacheslav Voronenko Sumy State University
  • Pavlo Hrytsenko Sumy State University
Keywords: «green» economy, renewable energy, genuine savings, environmental pollution, depletion of natural resources, gross domestic product, sustainable development

Abstract

The article is devoted to finding ways to ensure «green» economic growth in Ukraine. «Green» economic growth means growth based on stimulating environmental and economic development while ensuring the safety of natural assets and their uninterrupted provision of the resources and ecosystem services on which our well-being depends. The purpose of the study is to find the main factors of economic development for the development of an effective «green» strategy for economic development. The object of research is the process of ensuring the «green» economic growth of the country in modern conditions. The methods of analysis, synthesis, comparison, dialectical and abstract-logical methods were used in the work. The main goals and objectives of the «green» economy at the national and global levels are identified, the issues of factors influencing «greening» in Ukraine are revealed, and the issues of genuine savings as a result of nature management are considered. Based on this, the problems and threats to the «green» economy in Ukraine are analyzed. The genuine savings of Ukraine for 2010‒2019 are calculated and possible ways to overcome the problem of their reduction are identified, which will contribute to the «green» development of the economy. It was found that in the system of reproduction of economic processes, investments play an important role, as they contribute to the restoration and increase of production resources, as well as accelerate the economic growth of the recipient country. It has been found that it is necessary to develop an adequate response to global environmental threats, which is a consequence of the unlimited use of natural resources. To achieve this goal, «green» economic growth must act as a catalyst for investment and innovation, which will promote sustainable growth and lead to new economic opportunities.

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Article views: 38
PDF Downloads: 22
Published
2021-08-31
How to Cite
Nesterenko, V., Dolhosheieva, O., Kirilieva, A., Voronenko, V., & Hrytsenko, P. (2021). «GREEN» VECTOR OF THE ECONOMIC DEVELOPMENT OF THE COUNTRY. Mechanism of an Economic Regulation, (3 (93), 79-87. https://doi.org/10.21272/mer.2021.93.07